Proposed S.B. No. 95 SEN. WITKOS, 8th DIST. 'AN ACT PROVIDING FUNDS FOR THE STATE TO PAY DOWN THE INTEREST ON THE FEDERAL LOANS EXTENDED TO THE STATE THROUGH THE FEDERAL UNEMPLOYMENT COMPENSATION TAX ACT', to ease the burden on state businesses by requiring the state to pay down the interest on the federal loans extended to the state through the Federal Unemployment Compensation Tax Act. REF. LABOR AND PUBLIC EMPLOYEES